Economy
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Nigeria, Niger partner to improve revenue mobilisation
The Federal Inland Revenue Service (FIRS) and the Niger Tax Authority have set plans in motion to work together to help both nations improve their revenue mobilisation. FIRS Executive Chairman Muhammad Nami said this can be achieved if the revenue authorities of both countries work together to deepen their relationship, share tax information and engage in mutual administrative assistance. Mr.…
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House of Reps asks CBN to enforce use of N2, N1, 50kobo coins as legal tender
The House of Representatives said N2, N1 and 50 kobo coins should be accepted as means of exchange in the country. The lower chamber therefore directed the Central Bank of Nigeria (CBN) to ensure acceptance of the coins and also asked commercial banks to comply with their usage. The directive by the House followed a motion moved by Muda Lawal…
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New Lagos airport terminal to take in 14 million passengers per year – Aviation minister
Minister of State for Aviation, Senator Hadi Sirika says the newly inaugurated terminal of the Murtala Muhammed International Airport, Lagos has the capacity to process 14 million passengers every year. Sirika made this known at the inauguration of the new terminal by President Muhammadu Buhari on Tuesday. The minister praised President Buhari for bringing a facelift to the aviation sector…
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ICYMI: I didn’t force Dangote refinery out of Olokola with demands – Mimiko
Former Ondo State Governo,r Olusegun Mimiko has said he didn’t make any demands from Aliko Dangote which forced him to move the Dangote Refinery from the Olokola Free Trade Zone to the Lekki Free Trade Zone. Dangote had in 2013 announced plans to build a refinery at the Olokola Free Trade Zone which is jointly owned by the Ogun and…
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Sanwo-Olu credits Tinubu as brain behind Lekki Free Trade Zone
Lagos State Governor, Babajide Sanwo-Olu has credited National Leader of the All Progressives Congress (APC) Asiwaju Bola Tinubu of being the brain behind the Lekki Free Trade Zone. Speaking at the inauguration of Dangote Fertlizers by President Muhammadu Buhari on Tuesday, Sanwo-Olu recounted the role played by Tinubu, in the establishment of the fertiliser plant and the refinery. Tinubu was…
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Nigeria to stop importation of agric products soon – Buhari
President Muhammadu Buhari says the country would soon stop importation of agricultural products as a result of the inauguration of Dangote Fertilizer Plant. Buhari said this on Tuesday at the commissioning of the plant in Ibeju Lekki, Lagos State. The newly commissioned fertilizer plant has an installed capacity of 3.0 million metric tonnes of Urea per annum. The president said…
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New Lagos international airport terminal will create 3,000 jobs for youths – Buhari
President Muhammadu Buhari, on Tuesday, commissioned the newly built international terminal at the Murtala Mohammed International Airport (MMIA), creating a new travel experience for air passengers passing through the Lagos international airspace. Governor Babajide Sanwo-Olu joined the president to unveiled the new MMIA Terminal 2, designed and built under the rehabilitation programme of the Federal Ministry of Aviation. Buhari said…
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UPDATED: See new DStv, GOtv subscription rates
MultiChoice Nigeria have announced an increase in the DStv and GOtv subscription packages. The South African-owned company announced this in a statement on Tuesday. The company said the increase was as a result of the “rising costs of inflation and business operations”. According to MultiChoice the new pricing regime will take effect from April 1. “In light of the rising…
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PHOTO NEWS: Governor Sanwo-Olu opens Microsoft’s software engineering office in Ikoyi
Lagos State Governor, Babajide Sanwo-Olu on Monday, opened Microsoft’s Africa Development Centre (ADC West Africa) Software Engineering Office in Ikoyi.
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PHOTO NEWS: Osinbajo commissions new Toyota Service Centre in Oshodi
Vice President Yemi Osinbajo in company of Chairman of Toyota Nigeria, Chief Michael Ade-Ojo, commissioned the new Toyota Service Centre at Oshodi, Lagos on Monday.
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